Carriage inwards is charged to the trading account because (A) It is an expense connected with buying
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Carriage inwards is charged to the trading account because
(A) It is an expense connected with buying goods (B) It should not go in the statement of financial position (C) It is not part of motor expenses (D) Carriage outwards goes in the profit and loss account
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The correct answer is A It is an expense connected with buying goods Carriage inwards refers to the ...View the full answer
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Ali Khawaja
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9781292084664
13th Edition
Authors: Alan Sangster, Frank Wood
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